By Mill Chart
Last update: Sep 18, 2023
In this article we will dive into EXTREME NETWORKS INC (NASDAQ:EXTR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed EXTREME NETWORKS INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.
Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.
We assign a technical rating of 3 out of 10 to EXTR. Although EXTR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
For an up to date full technical analysis you can check the technical report of EXTR
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
EXTR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 60 industry peers in the Communications Equipment industry. While EXTR has a great profitability rating, there are some minor concerns on its financial health. EXTR is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, EXTR could be worth investigating further for growth investing!.
Our latest full fundamental report of EXTR contains the most current fundamental analsysis.
Our CANSLIM screen will find you more ideas suited for growth investing.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
EXTREME NETWORKS INC
NASDAQ:EXTR (4/29/2024, 8:37:00 AM)
11.81
+0.21 (+1.81%)
Extreme Networks' stock rating was downgraded by Rosenblatt and UBS following the company's second quarter results. Read more here
This company is unfortunately still struggling with supply chain issues.